The URL can be used to link to this page

Resolution Number SACRA 12-08-21-01RESOLUTION NO. SACRA 12-08-21-01 A RESOLUTION OF THE BOARD OF DIRECTORS OF THE SUCCESSOR AGENCY TO THE SAN JUAN CAPISTRANO REDEVELOPMENT AGENCY ADOPTING A RECOGNIZED OBLIGATION PAYMENT SCHEDULE FOR THE PERIOD FROM JANUARY 1, 2013, TO JUNE 30, 2013, AND AUTHORIZING CERTAIN OTHER ACTIONS PURSUANT TO CALIFORNIA HEALTH & SAFETY CODE SECTION 34181(g) WHEREAS, the San Juan Capistrano Community Redevelopment Agency ("Agency") was a community redevelopment agency duly organized and existing under the California Community Redevelopment Law, Health & Safety Code Section 33000, et seq., which was authorized to transact business and exercise the powers of a redevelopment agency pursuant to action of the City Council ("City Council") of the City of San Juan Capistrano ("City"); and WHEREAS, Assembly Bill X1 26 added Parts 1.8 and 1.85 to Division 24 of the California Health & Safety Code, which laws cause the dissolution and wind down of all redevelopment agencies ("Dissolution Act"); and WHEREAS, on December 29, 2011, in the petition California Redevelopment Association v. Matosantos, Case No. S194861, the California Supreme Court upheld the Dissolution Act and thereby all redevelopment agencies in California were dissolved as of and on February 1, 2012, under the dates in the Dissolution Act that were reformed and extended thereby; and WHEREAS, the Agency is now a dissolved redevelopment agency pursuant to the Dissolution Act; and WHEREAS, by a resolution considered and approved by the City Council at an open public meeting the City chose to become and serve as the successor agency to the dissolved Agency under the Dissolution Act; and WHEREAS, as of and on and after February 1, 2012, the City Council serves and acts as the "Successor Agency" and will perform its functions as the successor agency under the Dissolution Act to administer the enforceable obligations of the Agency and otherwise unwind the Agency's affairs, all subject to the review and approval by a seven -member oversight board ("Oversight Board"); and WHEREAS, Assembly Bill 1484, enacted on June 27, 2012, made certain amendments to the Dissolution Act, including with respect to the process for adopting Recognized Obligation Payment Schedules; and WHEREAS, pursuant to Section 34171(h) of the Dissolution Act, a "Recognized Obligation Payment Schedule" means the document setting forth the minimum payment amounts and due dates of payments required by enforceable obligations for each six- month fiscal period as provided in subdivisions (1) and (m) of Section 34177 of the Dissolution Act; and 8/21/2012 WHEREAS, pursuant to subdivisions (1) and (m) of Section 34177 of the Dissolution Act, staff of the City, acting on behalf of the Successor Agency, prepared and submitted to the Oversight Board for approval a Recognized Obligation Payment Schedule ("ROPS") for the period covering January 1, 2013, through June 30, 2013, in the form attached to this Resolution as Exhibit A and incorporated herein by this reference; and WHEREAS, pursuant to Section 34177(I)(2)(B) of the Dissolution Act, staff of the City, acting on behalf of the Successor Agency, provided notice of the Oversight Board's consideration of the ROPS, along with the ROPS and the staff report submitted to the Oversight Board with the ROPS, to the County Administrative Officer, the County Auditor-Controller, and the State Department of Finance, concurrently with the posting of the Agenda for the Oversight Board's consideration of the ROPS; and WHEREAS, pursuant to Sections 34177(1)(2)(B) and 34180(g) of the Dissolution Act, the Oversight Board received, reviewed and approved the ROPS in substantially the form attached to this Resolution as Exhibit A and directed City staff, acting on behalf of the Successor Agency, to transmit the approved ROPS to the County Auditor Controller, the State Controller's Office, and the State Department of Finance, and to cause the approved ROPS to be posted on the City's website, all in accordance with Section 34177(I)(2)(C) of the Dissolution Act; and WHEREAS, the Successor Agency now desires to approve the ROPS and ratify all actions taken by City staff to prepare the ROPS and deliver the ROPS to the Oversight Board, the County Administrative Officer, the County Auditor Controller, the State Controller's Office, and the State Department of Finance, and to cause the approved ROPS to be posted on the City's website. NOW, THEREFORE, BE IT RESOLVED BY THE SUCCESSOR AGENCY OF THE SAN JUAN CAPISTRANO COMMUNITY REDEVELOPMENT AGENCY: Section 1. The foregoing Recitals are incorporated into this Resolution by this reference, and constitute a material part of this Resolution. Section 2. The Successor Agency hereby approves the ROPS in the form attached to this Resolution as Exhibit A, which is incorporated herein by this reference. Section 3. The Successor Agency hereby authorizes the Executive Director and/or the Finance Officer of the City, acting on behalf of the Successor Agency, or their authorized designees, to make such augmentations, modifications, additions or revisions as they may deem appropriate. Section 4. The Executive Director or her authorized designees are directed to transmit the approved ROPS to the County Auditor Controller, the State Controller's Office, and the State Department of Finance, and to cause the approved ROPS to be posted on the City's website, all in accordance with Section 34177(1)(2)(C) of the Dissolution Act, and any and all actions taken by City staff, acting on behalf of the Successor Agency, to prepare the ROPS and deliver the ROPS to the Oversight Board, 2 8/21/2012 the County Administrative Officer, the County Auditor Controller, the State Controller's Office, and the State Department of Finance, and to cause the approved ROPS to be lJ posted on the City's website, or other actions taken to obtain approval of the ROPS from the Oversight Board and/or the State Department of Finance, are hereby ratified by the Successor Agency. Section 5. This Resolution shall take effect immediately upon adoption. Section 6. The Secretary shall certify to the adoption of this Resolution. PASSED, APPROVED and ADOPTED this 21st day of August, 2012. M A I L VI V/'1V1�-VIII\�A I COUNTY OF ORANGE ) ss. CITY OF SAN JUAN CAPISTRANO ) I, MARIA MORRIS, appointed Agency Secretary of the Board of Directors of the Successor Agency to the San Juan Capistrano Community Redevelopment Agency, do hereby certify that the foregoing Resolution No. SACRA 12-08-21-01 was duly adopted by the City Council of the City of San Juan Capistrano at a Regular meeting thereof, held the 21't day of August 2012, by the following vote: AYEABSS: OARD MEMBERS: NOE OARD MEMBERS: ABS/ I :/ D/ B1B3OARD MEMBERS: OARD MEMBERS: !1 Al ncy)3ecretary Reeve, Allevato, Freese, and Chair Kramer None None Taylor 3 8/21/2012 Successor Agency Contact Information Name of Successor Agency: County: Primary Contact Name: Primary Contact Title: Address Contact Phone Number: Contact E -Mail Address: Secondary Contact Name: Secondary Contact Title: Secondary Contact Phone Number: Secondary Contact E -Mail Address: Successor Agency to the San Juan Capistrano Community Redevelopment Agency Orange Cindy Russell Finance Officer 32400 Paseo Adelanto, San Juan Capistrano, CA 92675 949-443-6301 crussell(aD,sanivancayistrano.org Michelle Bannigan Assistant Finance Director 949-443-6307 mbannigan(&,sanivancapistrano.org EXHIBIT "A" - Page 1 of 7 SUMMARY OF RECOGNIZED OBLIGATION PAYMENT SCHEDULE Filed for the January 1, 2013, to June 30. 2013 Period Name of Successor Agency: sutrouedra,romy tome tien usncovered, CarrourniffR emAssay CenAunm of 0wru9m Board Cal man retirement to section 34177tmt ohne Hearn and safety wee. Ham. ire I nares, adry u., she a... I. a w. end amr.b H.w(Iraaee Cmlaaan Payment Schools for the wove named agency. Elgnnme orae EXHIBIT "A" - Page 2 of 7 lew Omermaing gem..oml .non Outstanding Den or 01,119eSon S eL31e,3M Current Period Outstanding Debt or Obligation Sle.Monib Tafel A 9 C G Avallebe Revenues Other Than anticipated RPM Funding Enforceable Cbi et.. Funded Min RPM Adnnvslralve Allo once Fuided wAM1 RPTTF Total RPM Funded B+C=0 S 1,157.950 3,630,500 360,000 mo 00 E F Tatra Current Penh Outstanding Debt or OblgatlOnlA.BeC• E7 Yroupu um..meuX.+ novo km, --n Ml Enter Total SM-MdnlN Anticipated RPM Funding Ventures 0- -F Maztmum FFTTF Maxebe Wup red*tt TWO Maturate Fri Fundre,{ S be329ea 4 070 dw Prior Fadod(Jamey 1, 2013 Nroughl June 30,2013) Demanded v6. Actual Payments (as remind in HSC wsce 3185 len ISee NO. Teb G H J Ehler Eernneud Obedient, Funded by RPM ranamd ot he time eme,.wee RPRFeePe+eeerTwma.ntttia.a+tirebaen[.) Enter Acwal Obegmhers, Paid seen RPM Enter Actual AamMisbative Expenses Paid aim RPM Adjustment 10 Redevelopment 0Ni atlm Retirement Fund JG H ♦ • J) a354,4n ],501,230 249.58¢ 62720 K AOluslmont to RPTTF 9 ],443,]96 CenAunm of 0wru9m Board Cal man retirement to section 34177tmt ohne Hearn and safety wee. Ham. ire I nares, adry u., she a... I. a w. end amr.b H.w(Iraaee Cmlaaan Payment Schools for the wove named agency. Elgnnme orae EXHIBIT "A" - Page 2 of 7 B 6 f�i�ffYiGi��lfll{{fiffllf��iVflf�� III■II�IIIIIInIIIIYIIII�illllllllhIl m III I■��IIIIIII�IRII1�1111�19 �VIIIIM�IIIIIII�IIII■III�A91�11 mellll■��IIII■I�f�I�I�li�llllllln� �IIIIIIII��IIYIIIAIIII■Illlli�f�I��i . . . . . . . . . . .l 41 Illidniiiiiinimmiiiiiiiiiiiiiiiiiiiiimiiiiiiiiiiiim 6 G n w a a 5 P c ci 8g gg8 B � a � LL s 0 0 3 S € � LL S S S S 3$$ G LL E LL S Q fl � b �� N• ,6 3 S � All 21 • BG Yi Y.i � q � LL � fR Z H H H H H t F F F H H t F �� H H !- F H H A C tl O P P � N N f N tl P R F i1 A N R R F R F. R NJ G n ! m | |t � ■© |�| � | ! ■�_| . E | || k � � �! I �! K � ■ | | | 2| ! � ! ` I. |■ �� !■ | � | ■ e 2 ■_ ,� | 2| .�� | ! | |© ■ ! |�| �a � | | e ! � ! ■ ! � � |� | | § | 2 7 ! || � ■ , , . . . , ■ : . , , � m U i i B r�i [mill � II milli r�i